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we have no industry. >> why is the fastest growing new source of energy in this country wind energy or distributed solar. melissa: because it is completely supported by the government and by my tax dollars. >> not even close to as much as --. melissa: absolutely no money to spend on these things you know what -- >> actually big oil, gas and coal are actually much more heavily subsidized. melissa: you and disagree what is subsidy is. that is fine for debate for another time. we agree to disagree. do you know crayons, made from petroleum. >> right. maybe that is essential use in your view. we don't need to drive our cars with petroleum. we can use --. melissa: we do, because i don't want to pay $59 a gallon for biofuel. >> we need to use government and our taxpayer dollars wisely. melissa: i do too. >> make sure we use technology that actually doesn't exacerbate climate change and actually --. melissa: electricity comes from coal and nuclear? you like coal and nuclear. >> also comes from solar and wind and i like them very much. melissa: then we go book to the price problem. >> i'm sorry
we have no industry. >> why is the fastest growing new source of energy in this country wind energy or distributed solar. melissa: because it is completely supported by the government and by my tax dollars. >> not even close to as much as --. melissa: absolutely no money to spend on these things you know what -- >> actually big oil, gas and coal are actually much more heavily subsidized. melissa: you and disagree what is subsidy is. that is fine for debate for another time. we...
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remember, state utilities must get one-third of their energy from renewable resources by 2020. that is going to cost you money. >>> bp announcing it will significant increase spending on oil exploration and development. it will spend between 24 and $27 billion a year from 2014 until 2020. bp spent about 19 billion on e&p last year. >>> france's total made a fresh discovery in the northeast. the well has 25 to 75 million barrels of oil. the find is raising hopes there is more oil nearby. >>> mississippi river water levels shrink towards historic lows, leaving consumers and workers potentially soaked. one of the river's barge operators explains exactly how bad it could get. that is coming up next. >>> plus, as if things in the middle east weren't dire enough, syria's regime reportedly moves its stockpiles of chemical weapons, spiking fears it is preparing to use them. the u.s. says it is ready to act. details coming up. do you ever have too much money? ♪ . ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just
remember, state utilities must get one-third of their energy from renewable resources by 2020. that is going to cost you money. >>> bp announcing it will significant increase spending on oil exploration and development. it will spend between 24 and $27 billion a year from 2014 until 2020. bp spent about 19 billion on e&p last year. >>> france's total made a fresh discovery in the northeast. the well has 25 to 75 million barrels of oil. the find is raising hopes there is...
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new data from the energy information administration says u.s. crude output averaged 6.5 million barrels a day. that is up 16% year-over-year. thank you shale and fracking. >>> all right, coming up, it is a great hay robbery. the fallout from this summer's drought takes some bizarre twists. i shouldn't laugh. this is very serious. analyst it black market for hay across the country. details coming up next. at the end of the day it is all about hay. ♪ . melissa: hold on to your hay. this summer's drought still burning farmers after causing a big rise in prices. the average bale of hay is now $80. you have $50 since before the drought. up $50. it was 30. now it is 80. can you believe that? because of that hay farmers in the midwest are facing a serious problem, hay thieves. they're taking thousands of pounds of hay. this is probably problem and here to tell us about is missouri farm president blake hours. i don't mean to make light of this, but when we hearing about hay thieves it sounded ridiculous. when you realize how much it is worth and how b
new data from the energy information administration says u.s. crude output averaged 6.5 million barrels a day. that is up 16% year-over-year. thank you shale and fracking. >>> all right, coming up, it is a great hay robbery. the fallout from this summer's drought takes some bizarre twists. i shouldn't laugh. this is very serious. analyst it black market for hay across the country. details coming up next. at the end of the day it is all about hay. ♪ . melissa: hold on to your hay....
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energy independence? a new study says absolutely not. one environmentalist is here to challenge all that. more money and a few big macs coming up on the other side the break. ♪ . streamline the process? at fidelity, we it by merging two toolinto one, mbmbining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit pois. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated techcal analysis is one more innovative reason seous investors are choosing fidelity. now get 200 free trades when you open an account. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. ithis a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommened gaviscon®.
energy independence? a new study says absolutely not. one environmentalist is here to challenge all that. more money and a few big macs coming up on the other side the break. ♪ . streamline the process? at fidelity, we it by merging two toolinto one, mbmbining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit pois. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity...
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. >>> thanks to a study by the department of energy the u.s. may be closer to approve natural gas exports. data shows it could improve the economy by $47 billion in 2020. we need that. sounds like a win-win. we have the ceo of bright link oil and gas. chris, thanks for joining us. >> thank you. melissa: what do you make of this report? first of all, do you buy it? do you think it's possible? >> i do think it's possible and i'm glad to see it come out. what it really does now it shows over the 12 different scenarios that the government study investigated each one of those scenarios came back and said america will benefit and have a positive economic gain if we export lng offshore to europe, and or asia and to other countries that need our gas. melissa: we have so much natural gas unlocked as a result of fracking, the problem is, intellectually, emotionally we can never wrap our heads on exporting energy. we're sure we have to keep it all for ourselves. do you think we can get over the hurdle, and that the president and washington in general can
. >>> thanks to a study by the department of energy the u.s. may be closer to approve natural gas exports. data shows it could improve the economy by $47 billion in 2020. we need that. sounds like a win-win. we have the ceo of bright link oil and gas. chris, thanks for joining us. >> thank you. melissa: what do you make of this report? first of all, do you buy it? do you think it's possible? >> i do think it's possible and i'm glad to see it come out. what it really does...
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new report from the energy department fell demand fell 3 into 8% year-over-year, to about 18.2 million barrels a day. slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media. >>> why is the u.s. sending billions of dollars to egypt in fresh aid when president morsi is becoming a dictator before our very eyes? we'll talk about that, why that money might be better spent at home. "piles of money" coming up. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic onchitis and emphysema. spiriva helps control my copsymptoms by keeping my airways open for 24 hours. plus, reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintance treatment that does both. spiriva handiher tiotropium bromide inhalation powder does not r
new report from the energy department fell demand fell 3 into 8% year-over-year, to about 18.2 million barrels a day. slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media....
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. >>> plus california's plan to be the green energy leader could take businesses an consumers out at the knees. a bipartisan report warns governor jerry brown to step in. the head of it is here to explain why. i feel like he is not going to. we'll see. "piles of money" coming up. jerry brown is not going to step in. ♪ . ♪ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., re estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason er 75% of our mutual funds eat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to ad and consider carefuy before investing. ♪ . melissa: well it is definitely appropriate it say concerns over the fiscal cliff have hit a fever pitch but believe it or not doctors could be facing the worst of it. they could be hit by a 29% in medicare reimbursements on january 1st. that is only part of the problem
. >>> plus california's plan to be the green energy leader could take businesses an consumers out at the knees. a bipartisan report warns governor jerry brown to step in. the head of it is here to explain why. i feel like he is not going to. we'll see. "piles of money" coming up. jerry brown is not going to step in. ♪ . ♪ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., re estate in hong kong, and the optics industry in...